the eighth-straight double-digit gain. sure, wall street analysts have been trimming their forecasts. but strategist andrew goldberg says that's actually a good thing. >> as you have analysts ratcheting down expectations, and many of them are across the board, it makes it easier for earnings data to beat on the upside, and that could be a short-term catalyst. but make no mistake, in the long term markets are looking for clarity out of europe. >> reporter: in particular, investors want reassurance that germany and france are committed to backstopping greece. the other thing they want to see is proof the u.s. economy is not tipping back into recession. >> what we are watching for over the next couple of months, couple of quarters is the extent to which the data bears that. the data is not going to be great. it's not an economy that's going to grow gangbusters, but we don't see the economy as falling off a cliff. >> reporter: and neither do business leaders at two bellwether firms. the head of general electric, jeffrey immelt, and u.p.s. chief scott davis have both said a double dip is unlikely.